Aiming to find the most suitable development schemes of conventional and unconventional reservoirs for maximum energy supply or economic benefits, reservoir production …
Life-cycle production optimization aims to obtain the optimal well control scheme at each time control step to maximize financial profit and hydrocarbon production. However …
NC Xiao, MJ Zuo, C Zhou - Reliability Engineering & System Safety, 2018 - Elsevier
Surrogate models are often used to alleviate the computational burden for structural systems with expensively time-consuming simulations. In this paper, a new adaptive surrogate model …
Production optimization led by computing intelligence can greatly improve oilfield economic effectiveness. However, it is confronted with huge computational challenge because of the …
Surrogate models, which have become a popular approach to oil‐reservoir production‐ optimization problems, use a computationally inexpensive approximation function to replace …
Optimization of subsurface hydrocarbon production holds paramount importance for decision-makers as it determines crucial development strategies such as optimal well …
In well-control optimization problems, the goal is to determine the time-varying well settings that maximize an objective function, which is often the net present value (NPV). Various …
Numerical models can be used for many purposes in oil and gas engineering, such as production optimization and forecasting, uncertainty analysis, history matching, and risk …